IDB Invest sets up Mexican debt sale

IDB Invest sets up Mexican debt sale

Bonds Debt Capital Markets Loans Fixed Income Rule 400 US Coronavirus Latin America

IDB Invest, part of the Inter-American Development Bank (IDB), plans to sell MXN2 billion ($94.3 million) worth of bullet bonds in the Mexican market, S&P Global said in a report on Monday. S&P said IDB Invest will base the three-year notes on the TIIE interbank lending rate, but it did not say how the Washington DC-based multilateral lender will use the proceeds. The rating agency assigned the upcoming notes an mxAAA rating on the local scale. IDB Invest has pledged to provide up to $7

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